Vani V

@AOTtrades Hope all is well with Steve few times there was no good morning message his wife has allergies and was in hospital Just checking all is well with you

Vani V @cheerful246

29 days ago

@AOTtrades 🙏Got in for a bit more as I need few good trades seeing lil late

cheerful246 retweeted

Revere Asset Management

@RevereAsset

29 days ago

📺 $NVDA Earnings Just Saved The Entire AI Trade... (For Now) Please ❤️like and 🔁share with fellow growth stock investors In today's market update, @dvandenbord notes that the market remains in a confirmed uptrend for now, despite a sharp pullback in many AI and momentum leaders over the last several sessions. The recent rebound — especially now following $NVDA earnings reaction — may have stabilized the broader AI trade and prevented a much larger unwind across growth stocks. While leadership was damaged in the short term, the broader trend structure across the market still remains intact across multiple time frames. At the moment, all three timeframes still show “green arrows” in our Trend Gauge, meaning the broader market trend remains constructive. Importantly, every major index we track managed to reclaim the critical 21-day MA after the recent weakness. That recovery matters because the health of those trend structures directly determines how aggressively we allocate capital for our clients. * A major focus now is whether the recent bounce is merely a reflex rally after several down days or the beginning of a true continuation higher. #NVDA earnings reaction becomes the key test case for that question today. The reaction so far is merely “okay,” but in the current environment, “okay” is viewed as a huge win. The reasoning is simple: if #Nvidia had delivered disappointing results or guidance, it likely would have triggered widespread damage across the entire AI ecosystem: – semiconductors $SMH $SOXX $INTC $TSM $MU – software $IGV $PLTR $CRWD – construction $FIX $ETN – infrastructure $IREN $NBIS $CRWV – power generation $VRT $VST $PWR $BE $EOSE – networking $ANET $ALAB – fiber optics $AAOI $LITE $COHR – and other AI-related sectors would have been hit simultaneously. One of the best ways to judge whether a market is in a bubble is to watch how it reacts to bad news. If major AI leaders can absorb potentially disappointing headlines without collapsing, the trend may still be durable. $NVDA effectively becomes the stress test for the AI trade. * $SPX had recently broken a remarkable 34-day streak above the 8-day EMA after suffering three consecutive down days. That break created concern that momentum was finally deteriorating. However, the sharp rebound and recapture of the 8-day is an important technical recovery. Yesterday’s lows now become extremely important support levels. If those lows hold, the market may continue stabilizing and potentially resume higher. Market breadth also improved noticeably yesterday. Equal-weight index $RSP had been underperforming badly relative to mega-cap tech and AI names, fueling concerns that the rally was becoming too narrow. But $RSP managed to reclaim both the 21-day and 8-day moving averages. That is an encouraging sign because it suggests participation may be broadening again instead of relying entirely on a handful of mega-cap stocks. We remain focused on overall index health and leadership behavior rather than breadth statistics alone. As long as the major indexes and leadership groups remain technically healthy, we are hesitant to turn outright bearish. $QQQ also showed resilience – it spent only one day below the 8-day before reclaiming it. That quick recovery supports the idea that buyers are still aggressively defending pullbacks in technology and AI-related names. * Other indexes also contributed to the constructive tone: – Dow Jones $DIA reclaimed the psychologically important 50,000 level while bouncing from the 21-day – Mid-caps $MDY recovered both the 21-day and 8-day after showing roughly two weeks of relative weakness – Small-caps $IWM also reclaimed those levels after several weak sessions, although this recovery is still tentative Volatility also remained relatively contained. The $VIX stayed below its declining 21-day, which is generally supportive for equities and suggests fear has not meaningfully escalated despite the recent pullback. * In recent days, rising yields have become one of the biggest pressures on stocks during the recent weakness. The rebound in bond prices — and the corresponding decline in yields — was a major contributor to the stock market bounce yesterday. The long-duration bonds $TLT bounced sharply after yields had recently broken out higher. Look how quickly those yield breakouts reversed, with several days of upside in yields being erased by one strong downside move. That reversal helped relieve pressure on growth stocks and AI names, which are highly sensitive to interest rates. Rising yields remain one of the most important risks for the market going forward. Higher rates are generally a headwind for equities because they compress valuations, particularly in long-duration growth sectors like technology and AI. As a result, bond market behavior is being watched very closely by everyone now, including us. * We also watch the US dollar. $DXY appears to be forming a potential double bottom and has been consolidating for several days. A stronger dollar has historically been a headwind for both equities and precious metals. As a result, $GLD remains in medium-term and short-term downtrends, $GDX miners only recently bounced off the 200-day moving average, and $SLV silver remains in a downtrend, as well. #Bitcoin also remains weak. $IBIT managed a bounce but still trades below both the 21-day and 200-day, indicating that crypto has not yet regained strong technical momentum. * So, the market suffered meaningful damage in leaders during the recent 3-day pullback, but the recovery following $NVDA earnings prevented what could have been a much larger breakdown in the AI trade. We still believe the uptrend remains alive, but we are closely monitoring breadth, leadership quality, and especially interest rates to determine whether this rebound can evolve into a sustained continuation higher or whether more volatility still lies ahead. * If you find this helpful, please ❤️like and 🔁retweet